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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 14 9:30 AM EST

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To: Dusty Vestal who wrote (6835)7/20/1998 2:52:00 PM
From: Buster  Read Replies (2) of 43774
 
Is anybody doing any DD on PRWT?
I would like to see more DD and less speculating.

Regarding the press release on their Morgaging business.

10mil in morgages per month

5% originating fee
2% annual servicing fee.

10mil X 5% = 500k

120mil(1 Year) X 2% = 2.4mil

total 2.9 mil in revenues

let's say they make 30% profit on the revenues.

30% X 2.9mil = 870K

870k/540million shares outstanding = .0016 EPS

These are only Buster's projections and guestimates. Share data
from Sirk's earlier post.

Comments? Anybody have anything to add? Has anybody checked
the TA for the real outstanding share count?

Buster
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